At expiration, between $150 and $190, profits vary between $4,000 and $9,000. That seems pretty decent on a $40,000 investment, no?
Thanks. Yes, that's what I mean and pretty much what I got in my simulation as well. Seems pretty good to me as $138-$200 is a pretty good range.
What do you think of this play? - Sell 10 May 185âs - Sell 10 May $140âs puts - Buy 12 Jan 09 200âs - Buy 10 Jul 150 puts....
I don't understand this. I can have the same delta I would have with a naked call just by adjusting the number of contracts. In the example I...
Are there any obvious disadvantages in using vertical spreads VS naked calls/puts? Other than the obvious capping of potential profits, of course....
Separate names with a comma.